Spanning over 308 hectares, The Ryse Residences Condo which is a white, or we can say a mixed-use site was launched for sale through a public tender. This launch of the site, for sale, happened under the umbrella of the confirmed list of the government’s land sales program for the second half of the year, 2018. The site has a proposed gross plot ratio of 2.5 along with the permissible gross floor area being 95,010 sqm. The Ryse Residences Condo is the most recent development in the district 18 areas of Pasir Ris Central by Allgreen properties. The site is a leasehold development of ninety-nine years, which has been launched for the sale of Government land sales confirmed list.
The Ryse Residences: Near Changi airport
The housing estate of Pasir Ris is very close to the Changi International Airport of Singapore. The travel time from this place to the airport is just ten minutes if a person travels in his or her car. If someone travels by bus, then it will take him or her near about twenty minutes. Being so close to the airport also means that the estate is also very close to the industries related to air freight, logistics as well as aircraft.
The Ryse Residences: The Cross Island Line
Another big advantage that the residents of Pasir Ris will have is that they can travel to the main city in just a mere time of forty minutes. This they can do by using the East-west MRT line. That’s not all for the residents of Pasir Ris. The upcoming Cross Island line can make the commute from Pasir Ris to the rest of Singapore a very easy task as it might feature an express service.
Amenities which are established
Another big advantage which the residents of Pasir Ris enjoy is that they are situated at a distance of just 10 minutes from the Pasir Ris park if they travel by bike. For the people who are unaware of the Pasir Ris park, it is a very big recreational area which has a length of 6.8 km and which expands over an area of approximately 70 hectares. It runs across the length of the Pasir Ris shoreline. In addition to all this, the Pasir Ris park had also got a mangrove boardwalk. If you are a Cycling enthusiast, then here is a fact for you, Pasi Ris is one of the first bike-friendly cities in Singapore.
Many schools such as Pasir Ris Central residencies schools are at a short distance from the Pasir Ris Condo. Some of the popular schools which are situated near the Pasir Ris Condo are Pasir Ris Primary School, LEAP SchoolHouse, and Pasir Ris Crest Secondary School.
AllGreen awarded the tender $ 700m by HDB
A town plaza along with a polyclinic and a bus interchange are all part of the mixed-use development.
The tender is the mixed-use development site at Pasir Ris Central was awarded by the Housing Development Board, which is also known as the HDB to Phoenix Residential and Phoenix Commercial. According to an announcement, a bid of $700 m was submitted by the Phoenix Residential and Phoenix Commercial, which was also the highest bid.